Vanderbilt Health System announced that The Jackson Clinic, a multi-speciality group physician practice in West Tennessee, has joined with the Vanderbilt Health Affiliated Network.
By participating with VHAN, the 140-physician Jackson Clinic joins Vanderbilt's clinically integrated network, an ongoing effort to control costs. The system reports 2,900 physicians currently participate in VHAN.
"We welcome the physicians of The Jackson Clinic to the Vanderbilt Health Affiliated Network," C. Wright Pinson, CEO of Vanderbilt Health System and deputy vice chancellor for health affairs, said in a release. "Their practice has a long history of excellence in patient care and strong community relationships. The collaborative methods of their clinical practice combine naturally with VHAN's mission.
Analysts at Goldman Sachs have begun formally covering Brookdale Senior Living, which last week got shareholder approval to close its big purchase of Emeritus. The firm has a 'buy' rating and a $44 price target for the stock (Ticker: BKD), which $34.14 and is up about 2 percent today.
Brian Nagel at Oppenheimer has cut his price target for Tractor Supply shares to $60 from $70. The move comes a few days after several other analysts made similar moves on the heels of Tractor Supply's second-quarter earnings warning. At around 12:30 p.m.. Wednesday, Tractor Supply (Ticker: TSCO) was down slightly to about $60.85.
Vanderbilt University Medical Center was named the best hospital in the Metro Nashville area and the state of Tennessee by U.S. News and World Report.
"This acknowledgement from U.S. News and World Report, along with other designations we receive, serves to remind us of the impact we are having on the lives of the patients and families we serve," C. Wright Pinson, CEO of the Vanderbilt Health System and deputy vice chancellor for health affairs, said in a release. "Every day, I am proud of the outstanding accomplishments of our faculty and staff and want to thank you for keeping VUMC No. 1 in Tennessee."
HCA Holdings' Centennial Medical Center was ranked second in the Nashville area and seventh in the state. For the full list, click here.
Looking ahead to HealthStream's second-quarter earnings report, Richard Close at Avondale Partners says he won't be surprised if the company's strong subscriber growth slowed. The culprit is likely to be the cloudy outlook during the quarter around the implementation of the new ICD-10 diagnosis and procedure code. But with an Oct. 1, 2015, deadline now in place, Close says investors should get some clarity from CEO Bobby Frist. He expects HealthStream to post pro forma earnings per share of 7 cents, a penny less than the Street's consensus. Shares of the company (Ticker: HSTM) rose slightly to $22.89 Monday but are down about 30 percent so far in 2014.